Fund Transfer Fraud Coverage
Several SORSA members have recently asked us about this coverage. A recent OASBO newsletter included an announcement from a different school insurer introducing this as a new coverage. The announcement also stated that the coverage limit would be $25,000 or lower.
You will be glad to know that SORSA has provided this coverage for several years. The limit of coverage provided by SORSA is $100,000.
Other coverages provided in the SORSA Crime section include:
Employee Dishonesty including Faithful Performance of Duty $ 100,000
Forgery or Alteration $ 100,000
Theft, Disappearance or Destruction $ 100,000
Ask your local agent if you have any questions at all about SORSA coverage.